Cartoon depicting the Social Networking of Yesterdays.
Cartoon depicting the Social Networking of Yesterdays.
Great post on Great depression and the resultant Poverty, Reality show and Iconic photos!
Okie. Hillbilly. Redneck. What do “Migrant Mother” and Shain Gandee have in common? The first is the name of the iconicphotograph that practically stands in for the words “Great Depression.” The second is the name of the young man who recently died shortly after becoming known for participating in the MTV reality show Buckwild. Similarities between the two? Not many—except a persistent interest in gazing at the rural poor.
In 1936, photographer Dorothea Lange stopped at a pea pickers camp in California. She found the pickers suffering from hunger because the crops had frozen and there wasn’t enough work to go around. Many were from the Ozarks and especially Oklahoma—and so “Okies” became a disrespectful term for the desperate Dust Bowl migrants who flooded into California. Lange was working for one of the New Deal agencies designed to relieve the suffering of the Great Depression. Lange’s job was…
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Happiness is a form of wealth. Wealth is not a form of happiness.
Many people think the idea of seeking out only happiness is ridiculous liberalism, and that’s understandable, because after a certain age and set of experiences that is no longer an option. But I’d like to see a generation, just one, which told its children to live their lives seeking happiness, not ephemeral pleasure or money. Just happiness. Somehow, I don’t think they’d have the same problem. Because they wouldn’t go into it believing that things would be easy. But they’d go into life knowing that as hard as things got, they’d be happy at the same time.
Brazil, worlds’s 5th largest country by population and geographical area, offers immense potential to those interested to do business in Brazil.
Brazilian economy is the seventh largest economy worldwide measured in terms of both by nominal GDP and Purchasing Power Parity (PPP) as per last year’s data available.
Brazilian economy is in a high decibel mode, roaring to become a super power any time. It is the largest economy in the whole of Latin America.
Brazil has tropical climatic conditions. Average temperature is around 25 Degree centigrade. Brazil is having world’s most diverse biological diversity. with Amazon rain forests to its credit.
Brazil is rich in minerals, oil and gas, marine industry, etc. Country has invested heavily in infrastructural facilities like Roads, bridges,dams etc.
Tourism is an important revenue earner for the economy. More than 2 million people are estimated to be working on Tourism industry alone.
Dealing with bureaucracy, legal work and business questions associated with registering business online can be a tough task. Setting up the business and its associated formalities like Opening your impresa,Opening your empresa etc can all be done online now.
Brazil Beacons Business!
World is becoming small with job opportunities coming your way.
If one has the knowledge and desire, then it is matter of time before work haunts the desired. Register at any of the freelance sites like odesk.com, elance.com, guru.com, freelancer.com, vworker.com, skillpages.com etc. and take online tests with the respective sites or with other sites like brainbench.com.
Go through the job listings in your area of interest at the sites (find job/search job). While going through the listings, you will come across many terms, software used, websites,etc. which you may not be aware of.
Do some trial project just as specified in job listings. This will give you the confidence to apply and get interviewed. Do not bother too much about the rates at the initial stages. Initially one has to build a portfolio with job history.
After working on small jobs for a few hours, one can slowly increase the rates. In a few months, it is easier to command respectable hourly rates.
Today I thought of writing about the financial services sector in India. I have worked in developing software for Non Banking Finance Companies (N.B.F.C.), Private Finance companies, Chitt companies. I have some exposure to Insurance and equity markets as an investor and agent.
Financial Services sector is currently down for nearly the last four years after booming for 6 years. Many a reforms have been carried out by regulatory bodies like I.R.D.A.(Insurance), S.E.B.I. (capital market), R.B.I. (Financial Sector in general and Banking in Particular), Monopolies and Restrictive Trade Practices Commission (MRTPC) which fined heavily the real estate/housing majors, The Association of Mutual Funds in India (AMFI), Govt. of India etc.
There are a large number of companies operating in this sector. It has become highly competitive and selling agents commission has come down drastically over the last few years.
Due to the strict vigil of the regulatory agencies, the investment cost has come down and one can hope that the returns gets improve over the years.
For those who invest in equity shares, the Annual Account Maintenance charges for demat accounts has been abolished a couple of months back for small investors who investment does not exceed INR 50000.
In the Insurance sector, the number of ULIP schemes, which has created a bad name for the sector, mainly due to mis-selling by agents with or without the the knowledge of the organization they represented , many were withdrawn or made close ended so that no fresh money is invested into these loss making schemes. The main mis-selling point was that it was sold as a short term product, whereas ULIP’s are for long term investors. It should not sold for the purpose of insurance as insurance component is not high in these products
In the Mutual Fund sector, AMFI’s recommendations has resulted in entry and exit load structure getting revamped. This has benefited the customers.
RBI’s enforcement of base rate linked interest rate on loans has resulted in better terms for the Banking customers. Also savings bank interest rates are now calculated on the daily closing balance (credited once in six months in case of most banks) compared to the previous system calculating interest on the least amount in the account between 10th and the last day of the month.
To summarize, these measures and the competition may lead to better investment climate..
It is a competitive market. there are many large players out there. Lacks of small players are also there. Each have their niche market.
The recent non-availability of labor, higher rentals and power problems have added the cost of production up considerably. Selling price of many items has gone up by 3/4 times in the last 5 years. The major south Indian production belt of Tirupur (T-shirts), Karur(Lunkies), Salem/Erode(textiles/trading) are reeling under the above mentioned problems, demand-supply gad has come under severe pressure.
Though large players survive on profits based on high turnover , it has become tough for small players. The recent mall culture has added fire to the fuel.
To summarize, it is a market, where the fittest, survives.